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A random sample is selected from a normal population. The population mean is 60 and the standard deviation is 15. after treatment the sample mean is 65. the sample size is 25. Is the sample mean suffucuebt to conclude that the treatment has a significant and why?
Linda would like to maintain a 90% service level. what safety stock level do you recommend for BX-5?
Complete the test at the 5% level of significance.
Continuous random variable is uniformly distributed between a and b. The probability density function between a and b is.
The p-value of the test is closest to:
Calculate an 85% confidence interval for the population mean number of wolf pups per den at southwestern United States (US).
Consumer Price Index is: a. a weighted aggregate price index where the weight for each item is its current-period quantity. b. a weighted aggregate price index where the weight for each item is its last-period quantity. c. an index that is designed t..
The average cost of a renting a compact size car in a major metropolitan area is R51.74 with a standard deviation of 7.48. Assume a normal distribution.
When the p-value is used for hypothesis testing, the null hypothesis is rejected if
Which of the following statements is not true of the null hypothesis? A) It is your theory B) It is what you would expect by chance alone C) Assumes things to be equal D) None of the above
Survey of 8000 women, 5431 say they change their nail polish once a week. construct a 95% confidence interval for the population proportion of women who change their nail polish once a week.
What is correlation analysis? How can correlation analysis be used in a business decision or examples specifically related to strategy formulation and implementation?
Senator Hayes is considering a a run for the U.S. presidency, but she is only 35 years of age, which is the minimum required age. While investigating this issue, she finds the ages of past presidents when they were inaugurated
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